Bitcoin records largest weekly dollar gain in history; Strive CEO predicts ‘strongest’ cycle ever
Strive CEO said the next bitcoin cycle will be the strongest ever, citing its strong performance against both the dollar and gold.
The Bridgewater founder says recent Treasury-market stress fits his long-running debt-crisis framework, though he still prefers gold as the bigger hedge.
The surge in Bitcoin ETF inflows signals growing institutional confidence, potentially driving further market adoption and price volatility.
August 24, 2026, 4:34 amEvery blockchain eventually hits a hard wall: thousands of independent computers have to settle on one history without a central referee deciding which version wins.
August 24, 2026, 4:30 amStrive CEO said the next bitcoin cycle will be the strongest ever, citing its strong performance against both the dollar and gold.
Peter Schiff admits he could have made money with Bitcoin, but says HODLers left more on the table.
Ray Dalio warns U.S. debt could reach $60 trillion within a decade, raising the risk of severe financial disruption. The Bridgewater Associates founder recommends 10% to 15% in gold, plus a bit of bitcoin, as currencies weaken.
The US may face a debt crisis within three years according to Ray Dalio, and debt-related issues helped fuel a rally in Bitcoin that could mark the beginning of a new cycle.
This week’s stories centered on liquidity, regulation, and signs of a possible market turn. Scott Bessent moved to expand Treasury buybacks as long-term yields came under pressure, while bitcoin surged toward $70,000 in a $1.3 billion short squeeze.
The broader trend of tightening monetary conditions and rising bond yields has kept Bitcoin in a bearish regime.
US spot Bitcoin and Ethereum ETFs recorded their strongest inflow week of 2026 as a sharp crypto rally pulled investors back into funds that had struggled to attract sustained demand for much of the year. Bitcoin ETFs drew $1.918 billion in the five trading sessions through Aug.
American economist Peter Schiff is warning that artificial intelligence (AI) could become a threat to the leading crypto asset bitcoin. Schiff further argued that the two technologies compete for money, electricity and infrastructure, while increasingly powerful AI could potentially uncover weaknesses in Bitcoin’s software.
The 32.x warning and 33.x removal sequence remains a proposal as maintainers test whether sparse fallback routes add resilience.